India’s joint proposal with the EU, China and Montenegro seeks changes in the employment conditions of AB judges.
U.S. President Donald Trump pulled the United States out of a multilateral nuclear deal with Iran in May and reimposed sanctions on Iran’s oil industry last month.
Das, former economic affairs secretary, has assumed charge as the RBI Governor.
He also said and that the Trump administration will send a major trade mission to India next year.
India emphasised that without an effective system of enforcement of rules, the appetite for new rules or reforms will be limited.
DIPP has suggested capping purchases of “gifts” from Chinese etailers and apps at four per buyer per year, a senior official said.
Major country-wise exports from January to October stood at 200.38 million kg as against 198.86 million kg a year ago, as per provisional estimates released by the board.
The US accounts for half of India’s gem and jewellery exports and the industry is upbeat due to increasing economic growth, employment rate and private consumption in its largest market.
The swap is for an amount of Dh2 billion or Rs35 billion, depending on the central bank which is requesting the amount.
As per officials, progress of India-China trade ties is slow and may even get slower due to the trade war truce.
Sanjay Kathuria, lead economist and author of the document, talking to the media at the World Bank office here said trust promotes trade, and trade fosters trust, interdependency and constituencies for peace.
India’s exports to China touched $33 billion in 2017-18 while imports therefrom stood at $76.2 billion.
India has a significant export interest to the US on the steel and aluminium sector. India exports steel and aluminium goods worth about USD 1.6 billion a year to the US.
Moody's MD, Marie Diron said the US-China relations will remain contentious as the US and China are too strong to cede their respective national interests in negotiations with each other.
As against exports, the imports grew by 17.3 per cent to 0.706 MT in October 2018 from 0.602 MT in year-ago period.
India had suggested China for renminbi-rupee trade to boost its exports and tackle the widening trade deficit concern.